CONFIDENTIAL
MDHIA
177424
IN ANY EVENT ALLOWING TIME FOR SBTC TO RE-SUBMIT A CONSOLIDATED INITIAL LIST IN THE FORMAT SUGGESTED IN PARA. 5 OF YOUR TUR, THE GOVERNOR WILL PROBABLY NOT BE ABLE TO APPROVE ANY LIST UNTIL END OF DECEMBER AT THE EARLIEST.
3
OUR LEGAL ADVISERS HAVE LIKEWISE COUNSELLED THAT LISTS SUBMITTED TO THE GOVERNOR MUST SHOW THE BASES ON WHICH THEY HAVE BEEN PUT UP. OTHERWISE, THE GOVERNOR COULD BE VULNERABLE TO CHARGES OF NOT HAVING DISCHARGED HIS FUNCTIONS PROPERLY IN CASE
OF JUDICIAL REVIEW.
WILSON
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MAIN
MINIMAL
15
ADDITIONAL
3
DISTRIBUTION
18
HKD
MR YAXLEY, HKGO LONDN MR LOVE, OT2, DTI VIC ST
MR FIFIOOT, LEGAL ADVISERS
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PAGE
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CONFIDENTIAL
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